AAPL vs. TREX.L
AAPL (Apple Inc) is a stock, while TREX.L (Invesco US Treasury Bond 7-10 Year UCITS ETF Dist) is Government Bonds fund tracking the Bloomberg US 7-10 Year Treasury Bond Index. Over the past 5 years, AAPL returned 18.59%/yr vs -1.05%/yr for TREX.L. At a 0.01 correlation, their price movements are largely independent.
Performance
AAPL vs. TREX.L - Performance Comparison
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Returns By Period
In the year-to-date period, AAPL achieves a 7.29% return, which is significantly higher than TREX.L's -0.74% return.
AAPL
- 1D
- -1.52%
- 1M
- -2.37%
- YTD
- 7.29%
- 6M
- 4.81%
- 1Y
- 48.78%
- 3Y*
- 17.21%
- 5Y*
- 18.59%
- 10Y*
- 29.36%
TREX.L
- 1D
- 0.40%
- 1M
- 0.12%
- YTD
- -0.74%
- 6M
- -0.02%
- 1Y
- 4.21%
- 3Y*
- 2.99%
- 5Y*
- -1.05%
- 10Y*
- —
AAPL vs. TREX.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
AAPL Apple Inc | 7.29% | 9.05% | 30.71% | 49.01% | -26.40% | 34.65% | 82.31% | 93.80% |
TREX.L Invesco US Treasury Bond 7-10 Year UCITS ETF Dist | -0.74% | 8.41% | -0.22% | 3.58% | -14.94% | -3.02% | 9.76% | 8.50% |
Correlation
The correlation between AAPL and TREX.L is 0.13, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.13 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.09 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.07 |
Correlation (All Time) Calculated using the full available price history since Jan 11, 2019 | 0.01 |
The correlation between AAPL and TREX.L shifts across timeframes, from 0.01 (all time) to 0.13 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
AAPL vs. TREX.L — Risk / Return Rank
AAPL
TREX.L
AAPL vs. TREX.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Apple Inc (AAPL) and Invesco US Treasury Bond 7-10 Year UCITS ETF Dist (TREX.L). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| AAPL | TREX.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.22 | ||
| Sortino ratioReturn per unit of downside risk | +1.65 | ||
| Omega ratioGain probability vs. loss probability | 1.38 | 1.15 | +0.23 |
| Calmar ratioReturn relative to maximum drawdown | 3.40 | 0.96 | +2.44 |
| Martin ratioReturn relative to average drawdown | 8.47 | 2.81 | +5.66 |
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Drawdowns
AAPL vs. TREX.L - Drawdown Comparison
The maximum AAPL drawdown since its inception was -81.80%, which is greater than TREX.L's maximum drawdown of -23.38%. Use the drawdown chart below to compare losses from any high point for AAPL and TREX.L.
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Drawdown Indicators
| AAPL | TREX.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -81.80% | -23.38% | -58.42% |
Max Drawdown (1Y)Largest decline over 1 year | -13.80% | -3.96% | -9.84% |
Max Drawdown (3Y)Largest decline over 3 years | -33.36% | -7.42% | -25.94% |
Max Drawdown (5Y)Largest decline over 5 years | -33.36% | -20.96% | -12.40% |
Max Drawdown (10Y)Largest decline over 10 years | -38.52% | — | — |
Current DrawdownCurrent decline from peak | -7.64% | -10.23% | +2.59% |
Average DrawdownAverage peak-to-trough decline | -29.59% | -9.96% | -19.63% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.53% | 1.36% | +4.17% |
Volatility
AAPL vs. TREX.L - Volatility Comparison
Apple Inc (AAPL) has a higher volatility of 6.73% compared to Invesco US Treasury Bond 7-10 Year UCITS ETF Dist (TREX.L) at 1.82%. This indicates that AAPL's price experiences larger fluctuations and is considered to be riskier than TREX.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| AAPL | TREX.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.73% | 1.82% | +4.91% |
Volatility (6M)Calculated over the trailing 6-month period | 16.53% | 3.34% | +13.19% |
Volatility (1Y)Calculated over the trailing 1-year period | 22.64% | 4.50% | +18.14% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 27.52% | 7.49% | +20.03% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 28.92% | 6.93% | +21.99% |
Dividends
AAPL vs. TREX.L - Dividend Comparison
AAPL's dividend yield for the trailing twelve months is around 0.36%, less than TREX.L's 4.33% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AAPL Apple Inc | 0.36% | 0.38% | 0.40% | 0.49% | 0.70% | 0.49% | 0.61% | 1.04% | 1.79% | 1.45% | 1.93% | 1.93% |
TREX.L Invesco US Treasury Bond 7-10 Year UCITS ETF Dist | 4.33% | 4.23% | 4.34% | 3.48% | 2.41% | 1.63% | 1.81% | 2.02% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
AAPL and TREX.L have a correlation of 0.13, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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